News published in INFORMA 2025

News published in INFORMA in June

The transitional regime of the deduction for investment in habitual residence is applicable, despite having lost the right to deduct for temporarily stop residing in the home, under certain conditions it is permitted practice deduction again from the moment in which the dwelling re-establish the habitual residence.

The training bonus for improving employability in the transport sector received by driving school students is not covered by the exemption collected in article 7 j) of the Personal Income Tax Law, and is taxed as income from work.

The exemption for work actually performed abroad may be applied, in accordance with the jurisprudence of the Supreme Court:

• To the crew of ships of the Spanish Navy on missions of the NATO, even though the vessel is Spanish territory for legal and sovereignty purposes.
• To the military in a UN mission located in a non-cooperative jurisdiction.

To enjoy the exemption for reinvestment in the sale of the habitual residence, for the purposes of compliance with the two-year period for the acquisition of the new one, in the cases of self-promotion, the acquisition date of the housing under construction will be that of completion of the works. If it cannot be accredited, the one from the writing of declaration of new construction.

The provision of life insurance, which also covers illness, for the contingency of illness, is classified as capital gain and is the subject of integration into the general tax base.